Quick move by Kuehne & Nagel

Kuehne+Nagel’s Sea Logistics unit reported a 38% drop in EBIT to CHF 397 million in the first half of 2024, despite maintaining steady container volumes of 2.1 million TEU.

In addition to the Red Sea conflict, recent economic indicators suggest underlying demand growth, particularly in India’s production and export orders.

It is understood that the Swiss-based shipping company has acquired a 50% stake in RHE Rail Hub Europe SpA, located in the Rivalta Scrivia inland port, north of Genoa

With the acquisition of Farrow, a customs broker headquartered in Windsor, Ontario, Kuehne+Nagel takes a further step in its Roadmap 2026 growth ambitions

Kuehne+Nagel has launched a Book & Claim insetting solution for road logistics customers who purchase HVO to reduce transport emissions, as an affordable bridge to electric trucks

The economies of most Caribbean countries were severely impacted by the effects of the coronavirus pandemic and while some recovery has taken place in the region, it has been sporadic and uneven, and trading volumes have been mixed.